ENGlobal Gross Profit vs. Revenue
Taking into consideration ENGlobal's profitability measurements, ENGlobal may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess ENGlobal's ability to earn profits and add value for shareholders.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Please note, there is a significant difference between ENGlobal's value and its price as these two are different measures arrived at by different means. Investors typically determine if ENGlobal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ENGlobal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For ENGlobal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ENGlobal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ENGlobal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ENGlobal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ENGlobal over time as well as its relative position and ranking within its peers.
ENGlobal |
ENGlobal Revenue vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ENGlobal's current stock value. Our valuation model uses many indicators to compare ENGlobal value to that of its competitors to determine the firm's financial worth. ENGlobal is rated # 2 in gross profit category among its peers. It also is rated # 2 in revenue category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value ENGlobal by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.ENGlobal Revenue vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
ENGlobal |
| = | (643 K) |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
ENGlobal |
| = | 39.04 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
ENGlobal Revenue vs Competition
ENGlobal is rated # 2 in revenue category among its peers. Market size based on revenue of Energy industry is currently estimated at about 394.12 Million. ENGlobal holds roughly 39.04 Million in revenue claiming about 10% of equities under Energy industry.
ENGlobal Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ENGlobal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ENGlobal will eventually generate negative long term returns. The profitability progress is the general direction of ENGlobal's change in net profit over the period of time. It can combine multiple indicators of ENGlobal, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
ENGlobal Corporation provides engineering and professional project execution services primarily to the energy sector in the United States and internationally. ENGlobal Corporation company was founded in 1985 and is headquartered in Houston, Texas. Englobal Corp operates under Engineering Construction classification in the United States and is traded on NASDAQ Exchange. It employs 198 people.
ENGlobal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ENGlobal. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ENGlobal position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ENGlobal's important profitability drivers and their relationship over time.
Use ENGlobal in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ENGlobal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ENGlobal will appreciate offsetting losses from the drop in the long position's value.ENGlobal Pair Trading
ENGlobal Pair Trading Analysis
The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Microsoft - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Microsoft to buy it.
The correlation of Microsoft is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Microsoft can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your ENGlobal position
In addition to having ENGlobal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Insurance Thematic Idea Now
Insurance
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Insurance theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Insurance Theme or any other thematic opportunities.
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in ENGlobal Stock
If you are still planning to invest in ENGlobal check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ENGlobal's history and understand the potential risks before investing.
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